Trident Energy has disclosed that it has signed an agreement with Chevron Corporation (NYSE: CVX) to acquire the entire issued share capital of Chevron Overseas (Congo) Limited which holds a 31.5% non-operated working interest in the Moho-Bilondo, Nkossa, Nsoko II fields and a 15.75% operated interest in the Lianzi field. In addition, Trident Energy has […]

TotalEnergies announced that its 85%-owned affiliate, TotalEnergies EP Congo, has signed an agreement with Trident Energy combining the acquisition of an additional 10% interest in the Moho license from Trident Energy and the sale to Trident Energy of its 53.5% interest in the Nkossa and Nsoko II licenses. Moho is a deep-offshore field located 80 […]

Keen on optimising production from the nation’s hydrocarbon assets to boost revenues and meet the nation’s OPEC production quota, the Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner in the Awoba Unit Field, Newcross Exploration and Production Ltd., have restarted production from the Awoba field which last contributed production to the […]

Sintana Energy has provided update regarding the ongoing exploration campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin, emerging as one of the world’s most prospective oil and gas regions. The blocks are governed by Petroleum Exploration License 83 (PEL 83) which is operated by a subsidiary of Galp Energia […]

The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the OML 85 asset, also known as Madu Field.  Production from the field which is located in shallow waters offshore Bayelsa State and operated by […]

Europa announced a ground-breaking deal in December 2023 with the acquisition of a 42.9% stake in Antler Global Limited (“Antler”), which has an 80% working interest in licence EG-08 offshore Equatorial Guinea. This gives rise to a joint venture arrangement (note 8) Europa agreed a US$3 million cash subscription for new ordinary shares in Antler, […]

SDX Energy has disclosed that it has commenced drilling the Beni Malek-2 well (BMK-2) in the Rharb Basin, Morocco, approximately 1.5km from the BMK-1 discovery well. The BMK-2 well will be drilled to a planned depth of approximately 1,470 metres and is targeting three stacked reservoirs in the Guebbas formation, which have been identified using 3D seismic. […]

The Government of Mozambique approved, at the 9th Ordinary Session of the Council of Ministers, held on March 26, 2024, the terms and conditions of the Concession Contracts for Research and Production of Hydrocarbons in Areas A6-E, A6-G, A6-D, S6-A and S6-B, awarded to the multinational China National Oil Corporation Hong Kong Holding Ltd (CNOOC) […]

Harvester Energy (UK) Ltd, a wholly owned subsidiary of Harvester Energy Pty Ltd, has been awarded two blocks in the North Sea with confirmed oil reserves ideally suited to the company’s patented small-field development system. Offshore Aberdeen in the Central North Sea, Block 29/7b contains the undeveloped Curlew A oil field and Block 22/12b contains […]

Uruguay’s offshore blocks went from zero to fully licensed in under three years, committing material work programs estimated at ~$233 million. Uruguay emerges as a new frontier in offshore energy, drawing renewed interest in oil and gas exploration amidst its long-term green hydrogen goals. With its offshore acreage receiving exploratory attention for the first time, […]